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Market Commentary (8)
Yesterday saw a buoyant session in the US, fueled by bets that the Fed will soon start cutting rates—the S&P 500 climbed for an eighth straight day. This...
Market Commentary: Monday 19th August
Asian stocks have performed well in this morning’s session, led by a rally in Hong Kong tech shares. Futures in European and US equities also rose, and the yen...
Market Commentary: Friday 16th August
In Japan stocks are heading for their biggest weekly gain since April 2020, after the 'manic Monday' we saw last week. The S&P also extended a 6 day rally to...
Market Commentary: Thursday 15th August
A good night for equities, despite China’s economy failing to expand and unemployment rising for the first time since February. The numbers also showed that...
Market Commentary: Wednesday 14th August
New Zealand’s central bank has unexpectedly cut interest rates after it stated that its economy was contracting faster than anticipated. The Reserve Bank of...
Market Commentary: Tuesday 13th August
The Nikkei was up over 3% overnight, and all the losses from last week have been recuperated. Oil has been the other major mover in the last 24 hours, closing...
Market Commentary: Monday 12th August
The Olympics are over, hopefully extreme Summer volatility is over and now we can get back to the data. This week the focus reverts to data events in both US...
Market Commentary: Friday 9th August
Asian equities rose in early trading on Friday after stronger than expected jobs data from the US was released on Thursday, US jobless claims came in at 233k,...
Market Commentary: Thursday 8th August
The Topix index in Japan fell again last night (currently down 1.2%), as did benchmarks in Korea and Australia, while the Hang Seng and CSI 300 both gained....
Market Commentary: Wednesday 7th August
Manic Monday, Turnaround Tuesday and hopefully an ordinary Wednesday. The focus this week has been Japan and overnight that didn't change the Nikkei is up 2%...
Market Commentary: Tuesday 6th August
"Bounce Back Ability" was a term used by a South London football team but could equally be used by financial commentators. As I type, the Nikkei is up 9%,...
Market Commentary: Monday 5th August
It is time to get off the sun loungers. The Nikkei is down 12.8%, marking the worst session since 1987. The Topix bank index is down 17%, with Mizuho losing...
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